News Centre

Tokyo Stock Exchange: Listing Of DIAM's First ETF - DIAM ETF Nikkei225 -

Date 15/01/2015

Today, Tokyo Stock Exchange, Inc. (TSE) announced the listing of "DIAM ETF Nikkei225" (Code: 1369), managed by DIAM Co., Ltd., on the TSE market.

Financial Stability Oversight Council To Meet January 21

Date 14/01/2015

On Wednesday, January 21, Secretary Lew will preside over an open session of the Financial Stability Oversight Council (Council) at the Treasury Department.  The preliminary agenda for the open session includes an update on benchmark reform efforts and a discussion of the Council’s process for considering nonbank financial companies for potential designation.

CFTC Swaps Report Update

Date 14/01/2015

CFTC's Weekly Swaps Report has been updated, and is now available.

Deutsche Börse: Unscheduled Component Changes SDAX: Hella KGaA Hueck & Co Will Replace C.A.T. Oil

Date 14/01/2015

Deutsche Börse has announced that C.A.T. Oil AG will be replaced by Hella KGaA Hueck & Co. in SDAX. Due to the takeover of C.A.T. Oil AG by Joma Industrial Source Corp, the free float of C.A.T. Oil AG has dropped from 41.31 percent to 1.95 percent. With a free float below 10 percent, the company is ineligible for index inclusion, according to the rulebook. 

Canadian Securities Exchange Enjoys Record Year In 2014

Date 14/01/2015

The Canadian Securities Exchange (“CSE”) is pleased to announce record results in all key performance categories for the year ended December 31, 2014, reflecting success in achieving the exchange’s goal of reducing the cost of capital for Canadian public companies.  For 2015, the CSE expects growth to remain strong as it maintains existing activities and introduces several new initiatives to further strengthen competitiveness.

FINRA Hearing Panel Expels John Carris Investments And Bars CEO George Carris For Fraud

Date 14/01/2015

The Financial Industry Regulatory Authority (FINRA) announced today that a FINRA hearing panel has expelled John Carris Investments, LLC (JCI) and barred CEO George Carris from the securities industry for fraud and suitability violations. The panel found that JCI and George Carris recklessly sold shares of stock and promissory notes issued by JCI's parent company using misleading statements and by omitting material facts. Andrey Tkatchenko, a registered representative, was suspended for two years and fined $10,000 for recommending the stock and promissory notes without a reasonable basis. JCI and Carris were also expelled and barred for manipulating the price of Fibrocell stock. The panel found that JCI and Carris manipulated the price of Fibrocell stock through unfunded purchases of large blocks of the stock and pre-arranged trading accomplished through reported matched limit orders. Head Trader Jason Barter was suspended for 18 months, fined $5,000 and must re-qualify to enter the securities industry for his role in the manipulation of the Fibrocell stock. The ruling resolves charges brought by FINRA's Department of Enforcement inSeptember 2013.

SEC Adopts Rules To Increase Transparency In Security-Based Swap Market - Commission Also Proposes Additional Security-Based Swap Transaction Reporting Rules And Guidance

Date 14/01/2015

The Securities and Exchange Commission today adopted two new sets of rules that will require security-based swap data repositories (SDRs) to register with the SEC and prescribe reporting and public dissemination requirements for security-based swap transaction data.  The SEC also proposed certain additional rules, rule amendments and guidance related to the reporting and public dissemination of security-based swap transaction data.  The new rules are designed to increase transparency in the security-based swap market and to ensure that SDRs maintain complete records of security-based swap transactions that can be accessed by regulators.

CFTC Financial Data For Futures Commission Merchants Update

Date 14/01/2015

This information has recently been updated, and is now available.

http://www.cftc.gov/MarketReports/FinancialDataforFCMs/index.htm

SIFMA Issues 2014 Year In Review

Date 14/01/2015

SIFMA today issued our 2014 Year in Review. The report highlights the work of more than 10,000 professionals from 500 member firms who participate in 100 committees and countless working groups to advocate in support of effective and resilient capital markets.

CFTC Obtains Judgment Against Commodity Pool Operators TOTE Fund LLC And MJS Capital Management LLC, And Their Principal, Michael J. Siegel, For Commodity Pool Fraud And Other Violations - Federal Court Orders Defendants To Pay More Than $871,000 In Restitution, Disgorgement, And Civil Monetary Penalties

Date 14/01/2015

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Noel L. Hillman of the U.S. District Court for the District of New Jersey entered an Order of default judgment and permanent injunction against Defendants TOTE Fund LLC (TOTE) and MJS Capital Management LLC (MJS), two Commodity Pool Operators, and their sole principal Michael J. Siegel of Northfield, New Jersey.